Managing Director (Westchester)

Akam Associates IncNew York, NY
1d

About The Position

AKAM is seeking a dynamic and experienced Managing Director to lead a team of Property Managers while directly managing a select portfolio of residential condominium and cooperative properties. This is a player/coach role—ideal for a hands-on leader who thrives in both operations and talent development. The Managing Director will be instrumental in delivering top-tier service to clients, ensuring operational excellence across their team’s portfolios, and cultivating a culture of performance and accountability. The Managing Director is responsible for the comprehensive daily management of a portfolio of cooperative and condominium properties. This includes overseeing all operational, financial, and project management aspects of the buildings, while maintaining strong communication with Boards of Trustees/Directors, residents, and internal teams. In addition, this role provides leadership to the Management Division and plays a critical role in staff oversight and resident relations.

Requirements

  • Bachelor’s degree in a business-related field preferred.
  • Minimum of 5 years’ experience in NYC residential condominium and cooperative property management preferred.
  • Strong knowledge of financial accounting, reporting, and budgeting in residential real estate.
  • Hands-on experience with capital improvement and construction projects.
  • Ability to manage multiple projects and interpret technical documents and blueprints.
  • Excellent verbal and written communication skills.
  • Proficiency in Microsoft Office Suite (Outlook, Excel, Word).

Responsibilities

  • Manage a portfolio of cooperative and condominium high-rise properties.
  • Supervise day-to-day activities of engineering, maintenance, and building staff (union and non-union), including third-party contractors.
  • Oversee repairs, apartment alterations, and capital improvements in compliance with local codes.
  • Conduct formal site inspections per standard operating procedures.
  • Handle emergency situations and provide effective crisis management.
  • File and process insurance claims when emergencies occur.
  • Maintain ongoing communication with Boards of Trustees/Directors/Managers and homeowners.
  • Attend and lead monthly and annual board meetings, keeping discussions focused and on agenda.
  • Prepare and distribute memos, notices, and correspondence to residents.
  • Assist residents with billing, maintenance, and general inquiries via phone, email, or in-person.
  • Accountable for all business, financial, and operational aspects of assigned properties.
  • Prepare, implement, and adhere to strategic plans and approved budgets.
  • Monitor building financials and reporting in coordination with the Assistant Management Division.
  • Prepare monthly management reports summarizing building activities between board meetings.
  • Oversee and coordinate capital improvement and construction projects.
  • Read and interpret construction blueprints and specifications.
  • Identify, plan, and negotiate with vendors to complete capital projects efficiently.
  • Supervise the Management Division and provide leadership support across departments.
  • Participate in the recruitment and hiring of new building service staff.
  • Foster a high-performance, service-oriented culture within the management team.
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